HKG33 Index

HKG33 Index

About HKG33 Index

HKG33 index is reflected in the Hong Kong stock market an important indicator of the
stock market, the index calculated by the market value of fifty constituent stocks
of HKG33 index, on behalf of the Hong Kong Stock Exchange for all listed companies
in twelve-month average market capitalization of covers 63% of the rate. HKG33 index
constituent stocks are blue chip stocks in Hong Kong . HKG33 index is calculated by
Hang Seng Index Co., Ltd. and reviewed quarterly to announce the adjustment of
constituent stocks. HKG33 index was created in 1964 by Guan Shiguang , head of the
research department of Hang Seng Bank . Guan Shiguang is therefore known as the
"father of the HSI." In the foreword of Guan Shiguang's autobiography, The Dragon
and the Crown: Hong Kong Memoirs , Robert Naird , Chairman of the Royal Society of
Asia Hong Kong, hailed HKG33 index as the ultimate in capitalism in Hong Kong.
Metrics".

In 2018, HKG33 index was not as good as before the Sino-US trade war continued to
heat up. Both the US stock market and the mainland China stock market fell between
May and June. After seeing 29,129 points on February 9th, HKG33 index rebounded to
nearly 32,000 points in March and then fell back. In June, HKG33 index accelerated.
On the afternoon of June 19, HKG33 index plunged 977.21 points. 29,332.28 points,
lost the bull-bear line. On June 26, affected by the decline in US stocks, the HSI
fell to the early December low of 2017 at 28,505.09. As of the close of the market
on August 2, HKG33 index closed at 27,714.56 points, closing for the first time in
2018 for the first time under 28,000 points. At the same time, the Shanghai
Composite Index was also dragged down by the trade war, showing the same big decline
. On September 6, HKG33 index fell below 27,000 points for the first time since the
beginning of August 2017. On September 7, the HSI fell to a 14-month low of
26,669.58 points, a cumulative drop of more than 20%. On October 4, the HSI was
overtaken by the US Dow Jones Industrial Average for the first time since April 28,
2003 . On October 25, 2018, HKG33 index fell below 25,000 points for the first time
since May 9, 2017 . On October 30, 2018, HKG33 index saw a low of 24,540.63 points.
On October 31, 2018, HKG33 index closed at 24,979 points. In October, HKG33 index
fell 2,808 points or 10.1%, the largest monthly decline since January 2016. At the
same time, HKG33 index fell for six consecutive months, the longest drop since 1982
.

However, after about a week, HKG33 index was greeted by US President Trump and
Chinese President Xi Jinping . The market was driven by the good news of Sino-US
trade war easing. On November 2, the market closed at 26,486 points, up 1070 points,
or It accumulated a total of 1768 points in the week, ending a five-week decline and
hitting the biggest single-day market in nearly seven years. Meanwhile, the
Asia-Pacific stock markets such as the HSCEI, SSE, Nikkei, South Korea and Taiwan
all showed an uptrend .

At the G20 summit in Argentina in early December 2018, the US dollar met for the
first time. The two sides agreed to freeze the increase in tariffs and the trade war
showed signs of cooling. The news led HKG33 index to rise. On December 3, the HSI
rose 675 points or 2.6% for the day, closing at 27,182 points, which rose above the
100-day moving average at noon. The Shanghai Composite Index, Taiwan, Japan, South
Korea and the US stock market are all good .

Entering 2019, HKG33 index continued to turn from a low of 24,540 points. On April 3,
HKG33 index rose to 29,999 points, which was only 1 point lower than 30,000 points
and was the highest in nine months.

Precious metal products

What is a precious metal product?

gold

The history of gold is the history of human civilization. Thousands of years ago,
when people discovered the first natural gold particles, gold was considered a
valuable material. Because of its beautiful color, very stable chemical properties,
good mechanical properties, and the best value-preserving items, gold jewelry plays
the most important role in all jewelry. The biggest consumer of gold is jewelry
making. In 1970, the world's gold used in jewelry production reached 1,062 tons,
accounting for more than 77% of the world's total gold consumption. In 1978, the
amount of gold processed in various industries worldwide was 1,400 tons, and the
jewellery industry used 1,000 tons. In modern jewellery, gold can be alloyed with
different metals to achieve the desired variety of colors, such as golden yellow,
water green, pure white, blue, and the like. The natural reserves of gold in the
earth's crust are 90,000 tons, and the recoverable reserves are about 42,000
tons. In 2004, the world's gold mining volume was 2,430 tons, including 341 tons
in South Africa, 259 tons in Australia, 258 tons in the United States, 215 tons in
China and 173 tons in Peru. According to the China Gold Association, China’s
gold production in January-August in 2013 reached 270.167 tons, an increase of 8.2%
over the same period last year.

The strategic value of gold

In the past few years, the prestige of gold as an alternative currency transaction
has increased. Many traders use the precious metal as a tool to fight inflation and
hedging – so it is often referred to as a “safe haven” investment.
Historically, gold prices tend to be the opposite of the dollar, but as geopolitical
uncertainty has soared over the past five years, the correlation has become less
pronounced. As demand increases and products diversify, gold also begins trading
with other currencies. Currently, we offer trading products such as XAU/USD.

Price driver

Gold is affected by the health of the global economy – measured by GDP growth,
inflation, employment data and interest rates. In addition, some of the world's
largest central banks' monetary policy and its policies are tightening or
expanding, which also has a huge impact on gold prices. Investors should also
consider factors such as supply and demand dynamics and financial market sentiment
when trading the yellow metal.

silver

In addition to gold, silver is the most widely used metal for jewelry making. The
use of silver in the jewellery industry is mainly due to two reasons: first, the use
of silver is more economical, and second, silver has a beautiful white color, has
the strongest metallic luster, and can achieve better light color effect on jewelry.
For example, the use of silver for the support of diamonds and other transparent
gemstones enhances the reflective properties, which makes gemstone jewelry look
brighter and more vivid. The natural reserves of silver in the earth's crust
exceed 570,000 tons, and the recoverable reserves exceed 270,000 tons. In 2004, the
world's silver mining volume was 19,700 tons, including 3,060 tons in Peru,
2,700 tons in Mexico, 2,450 tons in China, 2,240 tons in Australia and 1,360 tons in
Chile.

Silver investment value

Silver is another precious metal, which is why it has attracted investors'
interest as a safe-haven investment. But because gold, real demand, industrial
demand, and increased demand for money tend to benefit silver more, silver tends to
be closer to "high-risk" assets (such as the stock market) than gold.
Therefore, when the overall economic outlook is bullish, silver often outperforms
gold, and when the market turns bearish, silver is likely to experience even greater
losses. Thus, the relationship between silver and gold expressed in gold/silver
parity can be used as a representative of the overall “risk” – a
lower price will promote risk seeking, while a higher price implies risk
aversion.

Price driver

The multiple drivers of silver are the same as gold – inflation and inflation
expectations, global GDP growth, interest rates and monetary policy of some of the
world's major central banks – the US Federal Reserve, the European Central
Bank, the Bank of England, the Bank of Japan and the People's Bank of China. Due
to the relative lack of liquidity in the silver market, the supply and demand
factors have a higher impact on the fluctuation of silver prices than the gold
price. Finally, market sentiment plays an important role in the price of “poor
gold”, so silver traders will closely monitor consumer confidence data and
multiple global bond and stock market trends.

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